GIPSA Forward Contract Definition All Wrong
Jeanne Bernick
Beef Today
In the last days before the comment period for the new GIPSA livestock reporting rules closed last week, ag groups across the nation asked USDA to make changes in the proposal. Iowa Secretary of Agriculture Bill Northey has many concerns about the proposed GIPSA rule for hog and beef producers, but one that sticks out is the government agency’s definition of a forward contract.